Summit Financial Balance Sheet - Annual (NASDAQ:SMMF)

Add to My Stocks
$22.3 $0.62 (2.71%) SMMF stock closing price Apr 27, 2017 (Closing)

The Summit Financial balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Summit Financial stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. Summit Financial had a long term debt of $66.25M at the end of 2016. Summit Financial operating cash flow was $23.21M while Summit Financial revenue stood at $75.69M. View latest and last 10 year balance sheet data to check Summit Financial financial performance..

show more
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
Property Plant & Equipment45.21M42.32M39.73M39.25M39.06M38.93M38.61M39.35M36.09M-
Accumulated Depreciation21.47M20.74M19.67M18.62M17.93M16.85M15.52M15.11M13.65M-
Summit Financial Net Property Plant & Equipment
Investment & Advances279.48M289.74M289.01M296.59M296.19M305.74M294.67M295.66M350.62M300.06M
Other Non-Current Assets---------2.27M
Deferred Charges----------
Deposits & Other Assets80.95M78.47M88.07M106.21M103.66M109.64M99.81M70.65M32.53M18.41M
Summit Financial Total Assets
Notes Payable224.46M171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M
Accounts Payable1.3B1.07B1.06B1B1.03B1.02B1.04B1.02B965.85M828.68M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Summit Financial Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt66.25M95.17M113.87M199.9M239.65M306.64M340.49M417.88M412.33M315.73M
Non-Current Capital Leases----------
Other Long-Term Liabilities17.04M15.41M13.09M8.66M7.8M8.45M9.63M9M8.58M10.04M
Summit Financial Total Liabilities
Minority Interest---------19.58M
Preferred Stock--9.18M9.29M9.32M9.32M3.51M3.51M--
Common Stock Net46.75M45.74M32.67M24.66M24.52M24.51M24.5M24.5M24.45M24.39M
Capital Surplus----------
Retained Earnings113.44M100.42M87.71M77.13M69.84M64.9M61.2M63.47M64.7M65.07M
Treasury Stock1.58M1.96M--------
Other Liabilities-3.26M-0.45M2.07M-0.02M4.86M3.81M0.59M-0.84M-1.91M-0.04M
Summit Financial Shareholders Equity
Summit Financial Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Balance sheet for another ticker

The latest Summit Financial stock price, and Summit Financial historical stock prices show the stock price movement over time, and the Summit Financial PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: An asset is a resource that a corporation like Summit Financial owns and has monetary significance. SMMF assets grew from $1.49B in 2015 to $1.76B in 2016 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Summit Financial for 2016 total to $1.6B. Liabilities for a company like Summit Financial include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Summit Financial Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio